HRO Today Global Winter 2016 - 37

Global Payroll
Growing into
the Cloud
Global payroll trends focus on
compliance, cloud integration,
and growth growth growth
By Bill Hatton
No tree grows to the sky, the old saying goes. But trees do
grow rapidly under certain conditions. In the case of global
payroll, that is exactly what's happening, and the industry
is growing to the Cloud, if not to the sky.
Payroll services have been growing at about a 6.6
percent Compounded Average Annual Growth Rate
since 2014, and that is expected to continue until 2019
across all global regions. The quickest regional growth is
expected in Asia Pacific, followed by Latin America and
EMEA. That's according to Gary Bragar, HR Outsourcing
Research Director at BPO research and analysis firm
NelsonHall.
" Growth will come from the need to drive increased
efficiencies in HR/payroll service delivery through HR
transformation projects, " Bragar says.
Also driving growth is practitioners' needs to comply with
ever-changing regulations across multiple regions and the
increasing demand for cloud integration.
Similarly, Jill Goldstein, the global practice lead, talent
and HR operations for Accenture, says, " We predict
more companies will have their payroll systems delivered
as a service. A cloud platform offers accessibility and
automation while reducing the cost of maintaining payroll
systems on premise. They will explore the potential
of cloud applications that offer a much smoother onboarding
process for new employees that can reconcile
data, scale operations, support a balanced scorecard, and
improve productivity. "
WINTER 2016 | www.hroglobal.com
[37]
http://www.hroglobal.com

HRO Today Global Winter 2016

Table of Contents for the Digital Edition of HRO Today Global Winter 2016

HRO Today Global Winter 2016 - 1
HRO Today Global Winter 2016 - 2
HRO Today Global Winter 2016 - 3
HRO Today Global Winter 2016 - 4
HRO Today Global Winter 2016 - 5
HRO Today Global Winter 2016 - 6
HRO Today Global Winter 2016 - 7
HRO Today Global Winter 2016 - 8
HRO Today Global Winter 2016 - 9
HRO Today Global Winter 2016 - 10
HRO Today Global Winter 2016 - 11
HRO Today Global Winter 2016 - 12
HRO Today Global Winter 2016 - 13
HRO Today Global Winter 2016 - 14
HRO Today Global Winter 2016 - 15
HRO Today Global Winter 2016 - 16
HRO Today Global Winter 2016 - 17
HRO Today Global Winter 2016 - 18
HRO Today Global Winter 2016 - 19
HRO Today Global Winter 2016 - 20
HRO Today Global Winter 2016 - 21
HRO Today Global Winter 2016 - 22
HRO Today Global Winter 2016 - 23
HRO Today Global Winter 2016 - 24
HRO Today Global Winter 2016 - 25
HRO Today Global Winter 2016 - 26
HRO Today Global Winter 2016 - 27
HRO Today Global Winter 2016 - 28
HRO Today Global Winter 2016 - 29
HRO Today Global Winter 2016 - 30
HRO Today Global Winter 2016 - 31
HRO Today Global Winter 2016 - 32
HRO Today Global Winter 2016 - 33
HRO Today Global Winter 2016 - 34
HRO Today Global Winter 2016 - 35
HRO Today Global Winter 2016 - 36
HRO Today Global Winter 2016 - 37
HRO Today Global Winter 2016 - 38
HRO Today Global Winter 2016 - 39
HRO Today Global Winter 2016 - 40
HRO Today Global Winter 2016 - 41
HRO Today Global Winter 2016 - 42
HRO Today Global Winter 2016 - 43
HRO Today Global Winter 2016 - 44
https://www.nxtbook.com/sharedxpertise/sharedxpertise/2024-hro-today-emea-january-february
https://www.nxtbook.com/sharedxpertise/sharedxpertise/2023-hro-today-emea-september-october
https://www.nxtbook.com/sharedxpertise/sharedxpertise/2023-hro-today-emea-july-august
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-emea-november-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-emea-may-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-emea-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-emea-september-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-emea-march-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-apac-september-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-winter-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-apac-november-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-apac-may-june-2019-mandarin
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-apac-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-apac-march-april-2019-mandarin
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-spring-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-autumn-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-apac-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-winter-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-summer-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-autumn-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-winter-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-summer-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-spring-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-apac-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-winter-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-summer-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-spring-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-autumn-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-summer-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-spring-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-autumn-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-winter-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-summer-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-autumn-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-global-spring-2016
https://www.nxtbookmedia.com